A discussion paper released today as part of the is a much-needed wake-up call for the nation according to Australia鈥檚 leading scientists.
The Academy has been calling for a comprehensive cross-portfolio and cross-sectoral review of the R&D system since 2018 and is pleased that it is underway. The Academy will make a formal submission to the review.
The review findings must be a critical guide to any party that forms government after the 2025 federal election.
The paper highlights the central role that R&D plays in driving productivity and prosperity and the urgent need for Australia to be prepared to reform an inefficient, lacking-in-scale system that lacks any semblance of strategic organisation.
The evidence in the discussion paper is alarming, especially given our nation鈥檚 need to confront many pressing challenges, 精东视频 President Professor Chennupati Jagadish said.
鈥淭he paper clearly illustrates that investing in science is beneficial and crucial to our national interest.
鈥淚n today鈥檚 complex and ever-changing geostrategic environment, exacerbated by supply chain issues and emerging technologies, a robust scientific approach is essential for navigating national challenges. Incremental adjustments have been and will be insufficient as leading R&D countries have shown.
鈥淚nstead, we must develop an R&D system that maximises our research talent and current investments while adequately incentivising the entire R&D pipeline,鈥� Professor Jagadish said.
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